Type: Public
On the web: http://www.handelsbanken.se
Employees: 10,850
Employee growth: 2.2%

Svenska Handelsbanken is Swedish for universal banking. The group provides corporate and individual clients with deposit products, loans, credit cards, and other banking services. Subsidiaries operate in several related areas, including life insurance, mortgages, pensions, fund management, and Internet banking. The bank has more than 730 branches, mostly in Sweden and the rest of Scandinavia, the UK, and other countries; it has a presence in countries including Austria, China, Hong Kong, Russia, and the US. Subsidiaries include corporate financing unit Handelsbanken Finans, Handelsbanken Asset Management, and Handelsbanken Liv (asset management and pension products).

Key numbers for fiscal year ending December, 2010:
Sales: $7,641.2M
One year growth: (5.6%)
Net income: $1,625.1M
Income growth: 14.0%

Officers:
Chairman: Hans Larsson
President and Group CEO: Pär Boman
EVP, CFO, and Head Control, Accounting, and Investor Relations: Ulf Riese

Competitors:
Danske Bank
Nordea Bank
SEB AB

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